AREA REPORTS

Claremont

 

 

WA/
Claremont

Suburb Profile

Claremont - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6010

house
unit

CLAREMONT, 6010 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,570,000.

Profits due to an upward trend in home prices in the suburb averaged 3.26% per annum over a 3-year period.

CLAREMONT now ranks at the 32nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CLAREMONT are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $725 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CLAREMONT, homes and units usually stay on listing for an average of 61.4 days.

In 2016, 121 properties were sold in CLAREMONT during the past year, making it the 48th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,570,000 $687,500
GROWTH REPORT
Median Quarterly 5.9% -4.78%
Median 12 month 18.49% 1.48%
Median 3 years 9.79% -1.79%
Median 5 years 1.29% 4.17%
10 years average annual 1.52% 1.48%
Weekly media advert. rent $725 $415
Time on Market 61.4 days 82.4 days
Gross Rental Yield Percent 2.4% 3.14%
demographics (median values)
Total Population
7152
Weekly Household Income
1156
Household Size
2.10
demographics
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